DPT-4 filing deposit accepted by a company

Posted @ April 26, 2015, 9:16 am under (Company Law (MCA))

There is no requirement to file Form DPT-4 if the loan has been repaid by the relative of director. T

The Ministry of Corporate Affairs vide General Circular No. 5/2015 has clarified that amounts received by Private Limited companies from members / directors / relatives prior to 1st April 2014 will NOT be treated as deposits under the Companies Act 2013.

Further Form DPT-4 is required to be filed in respect of any deposit accepted by a company before the commencement of the Companies Act, 2013, the amount of such deposit or any interest thereon if remains unpaid as on the date of commencement this Act then such company shall file a statement of such details in Form DPT-4 within three months, not otherwise.